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FULL YEAR: CLAAS REPORTS NET SALES OF $5.2 BILLION
Jan. 19, 2023
Source: AgEquipmentIntelligence.com
According to CLAAS' 2022 annual report, the company earned €4.93 billion in net sales last year, around $5.2 billion.
This was the company's highest annual net sales seen in the last decade and its third year of year-over-year increase. Net sales in North and South America came to €851 million ($903.9 million) for 2022 and made up 17.3% of total net sales.
"Significant growth was generated in North America through new machine sales of combine harvesters, forage harvesters and tractors," the report said. "CLAAS was able to increase its sales in Argentina in spite of the difficult ongoing political and economic conditions," the company added.
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